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6-Unit Apartment Building

818 Meadow Ridge Court, Winston-Salem, NC 27107

For Sale
$409,900

Several apartments feature updated flooring, fixtures, and finishes, with rental income currently in place and no HOA.

Property SizeContact for details
Days on Market54

Property Features for 818 Meadow Ridge Court

General Information

Standard status Active
Property subtype Multi Family Home
Zoning RMU

Units

Unit Mix 6 x 1BR/1BA
Multifamily Units 6

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $3,852

Building Details

Year Built 1982
Buildings 1
Listing Agency: GSO Realty Partners
Listed By: Darya Wojtyra · License NC #326004
Source: Heplerrealty
Added: Sep 22 Changed: Nov 11 Last Checked: Nov 13 at 12:26PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of GSO Realty Partners

Rey
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Investment Insights

Based on property information with market context.

This six-unit apartment property contains one-bedroom, one-bathroom residences. Multiple units have updated flooring, fixtures, and finishes, and the building is currently producing rental income. A new roof and exterior decking were completed in 2023; the property has no HOA.

Key Highlights

  • Six apartments, each with one bedroom and one bathroom
  • Roof and exterior decking updated in 2023
  • Several units have updated flooring, fixtures, and finishes

Property Analytics

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

17
Businesses Nearby

Demographics for 27107, NC

49,834
Population
20,767
Households
2.4
Avg Household Size
37
Median Age
23%
College-Educated
85%
High-School Grad
66.2 sq mi
ZIP Area
753
Density / Sq Mi
$59,897
Median Household Income
$35,832
Median Earnings
$889
Median Rent
$201,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Several apartments feature updated flooring, fixtures, and finishes, with rental income currently in place and no HOA.
Where is this apartment building located?
The property is located at 818 Meadow Ridge Court Winston-Salem, NC.
What is the asking price?
The asking price for this property is $409,900.
What are key features of this property?
This property features: Six apartments, each with one bedroom and one bathroom; Roof and exterior decking updated in 2023; Several units have updated flooring, fixtures, and finishes
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